Multifamily Investor Opportunity East of Federal Hwy – BACK ON THE MARKET!! CASH ONLY / Seller would be open to Seller Financing will the right terms. Located just 5 minutes to the beach and approx. 7 minutes to Old Town Pompano, an area experiencing significant redevelopment with new restaurants, retail, and mixed-use projects. Conveniently close to Pompano City Mall, shopping, dining, and entertainment. Turnkey investment opportunity in one of South Florida’s fastest-growing markets. The property is currently generating $5,950/month in rental income, inclusive of utilities, with all units occupied. Current leases run through October/November. Each of the two existing 1-bed/1-bath units features in-unit washer/dryers, private patios, and separate backyard spaces, which helps support strong rental demand, particularly to tenants with pets. One of the more attractive aspects of the property is the future upside and reconfiguration potential. By enclosing the existing carport spaces, a Buyer could convert the property into four true 1-bedroom/1-bath units, significantly increasing rental appeal and long-term income potential. Another option could be re-configuring the layout into two larger 2-bed/2-bath residences. Overall, it presents a strong opportunity for an investor looking for immediate cash flow with additional upside through improvements and repositioning. Showings will be granted upon submission of a written, signed “As-Is” contract.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Pompano Beach
- Zipcode:
- 33062
- Street:
- 2051 Ne 25th Ave, Pompano Beach, Florida 33062
- Longitude:
- W81° 54' 5.7''
- Latitude:
- N26° 15' 22.5''
- Building Area:
- 2,483 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 72
- DOM:
- 72
- Flooring:
- Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 484330000182
- Subdivision Name:
- CONNOR ESTATES
- Tax Annual Amount:
- $13,396
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
2051 Ne 25th Ave, Pompano Beach, Florida 33062, Pompano Beach, Florida 33062
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $799,000
- Square Footage :
- 2,483 Sqft
- Year Built :
- 1965
- MLS # :
- A12002958
- Property Sub Type :
- Quadruplex
